was diverted by the talk. "Crinoline is certainly going out," said Ellen. "I heard it from the very best shops. Look at mine, it is quite small, hardly to be called crinoline at all. This is the very newest, from the Grangd Magaseens du Louvre. You see yours are twice as big," Ellen added, making a little pirouette to exhibit the diminished proportions of her hoops. The Miss Vernon-Ridgways looked down upon their own skirts with unquiet eyes.

"The French are always so exaggerated," said Miss Matilda. "Ignorant persons have such strange ideas. They think really nice people in England take their fashions straight out of Paris, but that is quite a mistake. It has always to be modified by English good taste——"

Ellen interrupted with a little shriek. "Oh, good taste! You should just hear how they speak of that Abroad. Sometimes I could have cried. They say no woman knows how to dress herself in England. And when I come back and see the dreadful things that are worn here—— This is pretty," Ellen continued, drawing attention to a portion of her dress. "The Empress wore one just the same at a ball."

"Dear Ellen," said Miss Matilda, "and you wear it at a little family party! that shows the difference. I am sure it was done just to please us, to let us see what the new fashions are, in your unselfish way, dear!"

And Catherine laughed behind the newspaper. The honours of the occasion were to the old sisters after all.

In the meantime conversation of much more serious import, though scarcely more elevated, was going on round the table in the dining-room, where young Ashton had got the lead, though none of the others looked upon him with over-favourable eyes. There was no doubt that he was a very handsome fellow, and both Harry and Edward had that instinctive sense that he was a competitor likely to put them on their mettle, which is supposed to influence the bosoms of women alone. They thought (instinctively, and each in their different ways,) that he must be a coxcomb. They divined that he was the sort of fellow whom women admired, and scorned him for it—as women perhaps now and then indulge in a little sneer at a gentleman's beauty. But by and by he touched a chord which vibrated more or less in all their bosoms. He began to talk of the city, for which country men of business have a natural reverence. He revealed to them that he himself was on the Stock Exchange, and incidentally let fall an anecdote here and there, of the marvellous incidents, the fairy tales of commerce, that were taking place in those magic regions every day: of men who woke in the morning with the most moderate means at their command, and before night were millionaires. They gathered close about him as he added anecdote to anecdote. Edward Vernon was like tinder, prepared for the fire; for all his thoughts for some time past had been directed in that way. And young Merridew was launching forth upon life, rather more lavishly than was consistent with his income and prospects. Harry was the least interested of the three, but even to him the idea of making a fortune in a few hours and being able to retire to the country to give himself up to dogs and horses, instead of going down to the bank every morning, was a beatific suggestion. The present writer does not pretend to be able to inform the reader exactly how it was, or in favour of which schemes, that the poet of the Stock Exchange managed to influence these rustic imaginations, but he did so. He filled their minds with an impatience of their own slow business and its mild percentages, even when he seemed to praise it.

"Perhaps it does feel slow work; I can't say. I think it is a vast deal more wholesome. It is very hard to keep your head steady, you know, when you feel that the chances of an hour or two may make you the richest man in England."

"Or the poorest perhaps?" said Edward, more with the idea of subduing himself than checking this flow of instruction.

"Ye-es," said Ashton, indifferently, "no doubt that's on the cards: but it ought not to be if your broker has a head on his shoulders. About the worst that can happen, if you take proper precautions, is that you're no worse than you were to start with, and better luck next time. I don't approve the 'gain or lose it all' system. But what will Miss Vernon say if we stay here talking shop all the evening?" he added.

There was never a more clever conclusion; it was like the exciting close of an act in the theatre, for he could not be persuaded to begin again. When they went reluctantly into the drawing-room, Ellen thought her Algernon had taken too much wine; and even Edward, who never offended the proprieties in any way, had a curious light in his eyes, and did not hear when he was spoken to. But Catherine Vernon, for her part, did not notice anything except the filial kindness of young Roland, and the sympathy and understanding which shone in his eyes.

CHAPTER III.

CONFIDENCES.

"I would not speculate if I were you," said Ashton. "What would be the good? You are very well off as you are. You are making your fortune steadily, far better than if you did it by a successful coup. Yes, yes, I can understand that a man should desire a little more excitement, and rebel against the monotony of a quiet life, but not you, Vernon, if you'll excuse my saying so. You don't go in for any sort of illegitimate pursuit. You don't play or bet; you have no claim upon you that you want extraordinary means of supplying——"

"How can you tell all that?" said Edward Vernon. "Do you think life's so easy a business that you can read it off from the surface, and make sure that everything is as it seems?"

"I don't say that. Of course, I go upon appearances. I can understand that perhaps you are tired of it——"

"Tired of it!" He twirled his stick violently in his hand, hitting at the rusty bramble branches and gorse bushes that bordered the Common as if they were his enemies. "I suppose one is apt to tire of anything that lasts and never varies," he cried with a forced laugh. "Yes, I am tired of it. Quiet life and safe business, and the hope of making a fortune, as you call it, steadily, in twenty or thirty years——Good life! Twenty or thirty years! Only think of the number of days in that, one after the other, one exactly like the other. I begin to feel as if I should welcome anything to break the monotony—crime itself."

"That means, old fellow," said Ashton, soothingly, "nerves, and nothing more."

Edward laughed out, a laugh which was not harmonious with the soft dulness of the autumnal atmosphere. "I have no nerves, nor tastes nor inclinations, nor any mind of my own," he said. "I do what it is the right thing to do. Though I am sick of it, I never show that. Nobody here has the slightest idea that I was ever impatient or irritable or weary in my life."

Ashton looked at him with some curiosity, but took no further notice. "Does Miss Vernon," he said, "take any share in the business of the bank—I mean, in the work, in the regulations?"

"Miss Vernon," said Edward, "takes a share in everything that is going on around her, it does not matter what. She has been so long used to be at the head of everything, that she thinks it her natural place; and, as she is old and a woman, it stands to reason——"

"But she is a very intelligent woman; and she must have a great deal of experience."

"The experience of a little country town, and of steady business, as you call it—oh, she has all that. But put your own views